1. Agri Marketing Infrastructure Operational Guidelines गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward

2. 2 Highlights ➢ Integrated Scheme for Agricultural Marketing (ISAM) – 5 Components ➢ Operational period : XII Plan (2012-2017). ➢ Agricultural Marketing Infrastructure (AMI) - the existing schemes of (GBY) and (AMIGS) merged as AMI ➢ Overall budgetary allocation for ISAM is Rs.4548 crores, of which, Rs.4000.00 crores for AMI ➢ The sub scheme will target to create 4000 marketing infrastructure projects and storage capacity of 230 lakh tonnes across the country

3. 3 Features  State agency projects – linked to reforms in APMC Acts  However, storage infrastructure projects, eligible, notwithstanding the reform status  Projects promoted by private entrepreneurs other than State agencies - eligible, irrespective of the reforms  ELIGIBLE MARKETING INFRASTRUCTURE: Either storage or other marketing infrastructure up to primary processing (no change in product form)  Exhaustive definition of eligible activities given, including ancillary activities  However, subsidy for ancillary / supporting infrastructure in the project will be restricted to 25% of total permissible subsidy of the project;  Stand-alone ancillary / supporting infrastructure project - not eligible गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward

4. 4 Eligibility norms  ELIGIBLE BENEFICIARIES: Same as earlier  INSTITUTIONAL LENDING : Same as earlier + NABARD co- financed and directly financed also made eligible  As earlier, State agencies have a choice of investing their own funds or go for institutional funding.  PROMOTER’S CONTRIBUTION & TERM LOAN: Minimum promoter’s contribution - 20% & Minimum Term loan (including subsidy) - 50% of the project cost.  However, Promoter’s contribution for storage infrastructure projects of State Government and State Government agencies financed under (RIDF)/ (WIF) relaxed as per their respective fund guidelines.  Land & Location : Any place. However for storage infra projects, outside municipal limit (with exceptions) Lease land – Min 15 years  गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward

5. 5 Subsidy  SUBSIDY PATTERN: FOR STORAGE INFRASTRUCTURE PROJECTS: Lower of [Prescribed % of TFO apprised by FI, Cost certified by CA, ceiling Per MT & Overall Monetary ceiling]  For Other than Storage projects : Lower of [Prescribed % of TFO apprised by FI, Cost certified by CA & Overall Monetary ceiling]  Overall monetary ceiling per promoter : Rs. 4 cr or Rs. 5 cr as per category; date of sanction of loan between 01.04.2012 to 31.03.2017 to be reckoned for the purpose  Time limit (new) : Advance subsidy : within 90 days of disbursal of the I instalment ; Final Subsidy : within 60 days of receipt of relevant documents from the promoter  Extension of time limit possible, but with penalty  TECHNICAL SPECIFICATIONS FOR STORAGE INFRASTRUCTURE PROJECTS: As prescribed by WDRA for NWRS  Other technical specifications : Listed out गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward

6. 6 Procedure for release of subsidy (Advance Subsidy)  Promoter will submit the project proposal for T/L incl subsidy to the FI on prescribed application form along with necessary documents  On sanction, the FI will, along with the sanction letter hand over a list of instructions for compliance by the promoter.  FI, within 90 days of disbursal of the first instalment of loan, submit to NABARD, thro controlling / nodal office, a brief project profile-cum-claim form for advance subsidy in the ‘prescribed form’, a/w check list  FI will also inform the promoter about submission of the proposal to NABARD and DMI.  NABARD will, every quarter, compile a list of all such proposals that have not been submitted in time (viz. within 90 days) and forward the same to DMI, RO / SO.  NABARD will also place the matter before the SLBC, which will ensure that proposals are received by NABARD with in time.  On receipt of claim form and documents complete in all respects, NABARD, will sanction the advance subsidy immediately and in any case not later than 90 days of receipt of claim & release subject to availability of funds गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward

7. 7 Procedure for release of subsidy (Final Subsidy)  JOINT INSPECTION AND RELEASE OF FINAL SUBSIDY:  After completion, promoter to inform FI & submit documents (including completion certificate signed by approved engineer / registered architect and item-wise actual expenditure by CA signed by the promoter and countersigned by the Branch Manager of FI) to the FI within the prescribed time limit.  Within 60 days of the receipt of relevant documents from the promoter, FI will submit to NABARD, final subsidy claim, a/w necessary documents, complete in all respects and also request for Joint Inspection of the project.  NABARD will initiate action to conduct joint inspection by a team comprising of officials of FI, NABARD (or its representative) and DMI  JMI will be done within 60 days of the receipt of documents / information from the FI. The joint inspection report format prescribed. Includes Geo-tagged photograph  The representative of NABARD in the Joint Inspection Committee will forward the joint inspection report to NABARD, RO which will sanction the final subsidy within 90 days and release soon thereafter final subsidy to the FI गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward

8. 8 Other Conditions  The project should be commenced only after term loan is sanctioned  Where subsidy is to be refunded and not done by the FI to NABARD within 90 days of intimation, the FI will attract penal interest @ bank rate + 1%.  The promoter will not alienate the land and the project during the period of the term loan for any purpose other than the purpose for which the subsidy is extended.  No subsidy shall be availed of for the project proposal submitted under sub scheme of AMI from any other Central Government scheme including Rashtriya Krishi Vikas Yojana (RKVY).  The promoter will take prior approval of NABARD in case of takeover of loan account together with SRF account by another FI  NABARD, NCDC and SFAC will be provided processing charges of 0.5% of the total subsidy released  All earlier instructions issued by DAC/DMI in respect of GBY & AMIGS schemes will stand superseded  The new guidelines effective for the projects sanctioned on or after 1 April, 2014  All the projects sanctioned by FIs under the previous guidelines (applicable till 31.3.2014) : 30th September, 2014 गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward

9. 9 Suggestions of RO effected & Revisions required Suggestions  Relaxations in r/o projects funded under RIDF/WIF  Penal provisions for non-payment of recalled subsidy in time  Method of calculation of subsidy in r/o Co-ownership / partnership firms of women / SC/ ST entrepreneurs and others  Time limit for submission of subsidy claims  Formats for various declarations/affidavits  Adminstrative fee for NABARD  MIS Revisions which require a relook  Projects funded by NCDC vis-à-vis NABARD - Procedure for sanction of subsidy  Arranging for JMI by NABARD  Monitoring by NABARD, of maximum amount of subsidy availed by a promoter  Release of subsidy based on JMI report of DDM  Submission of statements to DMI, RO  Prior permission for a takeover of loan गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward

10. 10 THANK YOU गाँव बढ़े तो देश बढ़े Taking Rural India >> Forward